It seems our previous short term [I]Cup and Handle[/I] analysis was invalidated by the extended handle. Scythe patterns popular on tradingview (a modified cup and handle) may be of interest, but I digress.
A falling wedge remains a possible analysis here considering the consolidation formation after are our last big correction.
I am not likely to bias bearish on a [I]head and shoulders[/I] analysis, considering the excessively narrow shoulders. We have not seen the big voluminous buy rallies and failures typical of the head and shoulders pattern.
The shoulders seem too narrow. The sense of bullish failure, prompted by tripartite failures to reach breakout -despite having nearly enough momentum, is a strong emotional experience. The ADA bulls have not tasted true defeat in that sense.
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.